Mortgage Application in the United States increased by 1.10 percent in the week ending June 20 of 2025 over the previous week. This dataset provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for New Home Mortgage Applications for United States (M0264AUSM500NNBR) from Jan 1938 to Dec 1941 about mortgage, new, housing, and USA.

MBA Mortgage Market Index in the United States increased to 250.80 points in June 20 from 248.10 points in the previous week. This dataset includes a chart with historical data for the United States MBA Mortgage Market Index.

Out of the 26 million mortgage applications in the United States in 2021, roughly 15 million resulted in mortgage originations. That included applications for home purchase, home improvement, refinancing, cash out refinancing, and other purposes. White applicants accounted for approximately 10 million loan originations worth almost 2.9 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 875,000 originations and 222 billion U.S. dollars, respectively. The the number of mortgages originated to Asian applicants was slightly higher at 981,000.

Graph and download economic data for Existing Home Mortgage Applications for United States (M0263AUSM500NNBR) from Jan 1938 to Dec 1940 about mortgage, housing, and USA.

This dataset provides values for MORTGAGE APPLICATIONS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Dataset contains the percent of denied mortgages based on the type of dwelling the applicant is applying for and disaggregated by race. Each cell represents the denial rate within that column's race/ethnicity category's total applications. Data pulled from the Consumer Financial Protection Bureau, collected by the Home Mortgage Disclosure Act, which requires many financial institutions to maintain, report, and publicly disclose information about mortgages.

Series Is Presented Here As 2 Variables: (1) Original Data, 1938-41; (2) Original Data, 1947-56. Figures For 11/1946-3/1948, And 5/1950 Adjusted Downward By Source To "Eliminate Effects Of Amendments To The National Housing Act Or Of Administrative Changes Affecting The Magnitude Of These Data Series." - Letter Of 6/6/1956 To NBER By A. F. Thornton, Director, Div. Of Res. & Statistics, F.H.A. Source: Federal Housing Administration, Division Of Research And Statistics

This NBER data series m02164b appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.

NBER Indicator: m02164b

The value of mortgage applications in the United States came close to eight trillion U.S. dollars in 2021, with loan originations amounting to 4.8 trillion U.S. dollars. This includes applications for home purchase, home improvement, refinancing, cash out refinancing, and other purposes. White applicants accounted for the highest number applications and originations. The value of mortgages originated to White applicants was almost 2.9 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 223 billion U.S. dollars. The the value of mortgages originated to Asian applicants was higher at 415 billion U.S. dollars.

The value of mortgage applications for home purchase in the United States exceeded three trillion U.S. dollars in 2021. That included applications with different outcomes, such as loan origination, application denied, withdrawn by applicant, and other. White applicants accounted for the highest number applications and originations. The value of home purchase mortgage applications by white applicants was approximately 1.6 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 176 billion U.S. dollars. The the value of mortgage applications by Asian applicants was slightly higher at 276 billion U.S. dollars.

Federal, state, and local predatory lending laws are designed to restrict and in some cases prohibit certain types of high-cost mortgage credit in the subprime market. Empirical evidence using the spatial variation in these laws shows that the aggregate flow of high-cost mortgage credit can increase, decrease, or be unchanged after these laws are enacted. Although it may seem counterintuitive to find that a law that prohibits lending could be associated with more lending, it is hypothesized that a law may reduce the cost of sorting honest loans from dishonest loans and lessens borrowers' fears of predation, thus stimulating the high-cost mortgage market.

United States WAS: Mortgage Loan Applications Index: VA: sa data was reported at 104.900 25Jul2014=100 in 20 Jul 2018. This records a decrease from the previous number of 105.500 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: VA: sa data is updated weekly, averaging 125.100 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 214.900 25Jul2014=100 in 08 Jul 2016 and a record low of 72.100 25Jul2014=100 in 28 Mar 2014. United States WAS: Mortgage Loan Applications Index: VA: sa data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.KA016: Weekly Applications Survey: Mortgage Loan Applications.

The Home Mortgage Disclosure Act (HMDA): Loan Application Register (LAR) and Transmittal Sheet (TS) Raw Data, 2008 contains information collected in calendar year 2007. The HMDA, enacted by Congress in 1975, requires most mortgage lenders located in metropolitan areas to report data about their housing-related lending activity. The HMDA data were collected from 8,610 lending institutions and cover approximately 26.6 million home purchase and home improvement loans and refinancings, including loan originations, loan purchases, and applications that were denied, incomplete or withdrawn. The Private Mortgage Insurance Companies (PMIC) data refer to applications for mortgage insurance to insure home purchase mortgages and to insure mortgages to refinance existing obligations. Part 1, HMDA Transmittal Sheet (TS), and Part 4, PMIC Transmittal Sheet (TS), include information submitted by reporting institutions with the Loan Application Register (LAR), such as the reporting institution's name, address, and Tax ID. Part 2, HMDA Reporter Panel, and Part 5, PMIC Reporter Panel, contain information on all institutions that reported data in activity year 2007. Part 3, HMDA MSA Offices, and Part 6, PMIC MSA Offices, contain information on all metropolitan statistical areas in the data. Parts 7 through 794 contain HMDA and PMIC Loan Application Register (LAR) files at the national level, at the agency level, and by MSA/MD. With some exceptions, for each transaction the institution reported data about the loan (or application), such as the type and amount of the loan made (or applied for) and, in limited circumstances, its price, the disposition of the application, such as whether it was denied or resulted in an origination of a loan, the property to which the loan relates, such as its type (single-family versus multi-family), and location (including the census tract), the sale of the loan, if it was sold, and the applicant's and co-applicant's ethnicity, race, sex, and income.

The global mortgage loan service market is experiencing robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and favorable government policies supporting homeownership. The market size in 2025 is estimated at $2 trillion, exhibiting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This positive trajectory is fueled by the expansion of the middle class globally, particularly in emerging economies, leading to a greater demand for housing finance. The market is segmented by loan type (residential and commercial estate) and application (individual and enterprise). The residential segment currently dominates, but the commercial estate segment is witnessing significant growth, propelled by investments in real estate development and infrastructure projects. Technological advancements, such as the rise of fintech and online mortgage platforms, are streamlining the loan application and approval processes, enhancing customer experience and driving market efficiency. However, fluctuating interest rates, stringent regulatory compliance requirements, and economic downturns represent key restraints. The competitive landscape is highly fragmented, with a mix of large established banks (Chase, PNC Bank, Truist) and specialized mortgage lenders (Rocket Mortgage, United Shore Financial Services, LoanDepot) vying for market share. The continued growth of the mortgage loan service market hinges on macroeconomic stability, consistent consumer confidence, and innovative solutions addressing evolving borrower needs. Increased adoption of digital technologies, including AI-powered credit scoring and personalized loan offerings, will further shape the industry. Geographic expansion into underserved markets and the development of sustainable mortgage solutions are also key factors influencing future market dynamics. Regional variations exist, with North America and Europe currently holding the largest market share due to their well-established financial infrastructure and higher homeownership rates. However, rapid growth is anticipated in Asia-Pacific, driven by burgeoning economies and increased urbanization in countries like India and China. Successful players will need to adapt to changing regulatory landscapes, adopt robust risk management strategies, and leverage technological advancements to maintain a competitive edge.

Mortgage lending information comes from the Federal Financial Institutions Examination Council's (FFIEC) Home Mortgage Disclosure Act (HMDA) data. Loan originations are the creation of a loan after bank approval. Loan origination rates are calculated from the number of loan applications that were either approved or denied—what is termed as decisioned applications. For all charts, the loan’s purpose can be selected via a dropdown list. Trends are summarized by all loan purposes and by Loans for home purchase, home improvement, or refinancing.

The U.S. mortgage market has declined notably since 2020 and 2021, mostly due to the effect of higher borrowing costs on refinance mortgages. The value of refinancing mortgage originations, amounted to 190 billion U.S. dollars in the fourth quarter of 2024, down from a peak of 851 billion U.S. dollars in the fourth quarter of 2020. The value of mortgage loans for the purchase of a property recorded milder fluctuations, with a value of 304 billion U.S. dollars in the fourth quarter of 2024. According to the forecast, mortgage lending is expected to slightly increase until the end of 2026. The cost of mortgage borrowing in the U.S. Mortgage interest rates in the U.S. rose dramatically in 2022, peaking in the final quarter of 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type exceeded 6.6 percent. This has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market. The effect of a slower housing market on property prices and rents According to the S&P/Case Shiller U.S. National Home Price Index, housing prices experienced a slight correction in early 2023, as property transactions declined. Nevertheless, the index continued to grow in the following months. On the other hand, residential rents have increased steadily since 2000.

Dataset contains home mortgage applications denied in LA City, LA County, and California, disaggregated by race. Data pulled from the Consumer Financial Protection Bureau, collected by the Home Mortgage Disclosure Act, which requires many financial institutions to maintain, report, and publicly disclose information about mortgages.

United States WAS: Mortgage Loan Applications Index: USDA: sa data was reported at 66.700 25Jul2014=100 in 20 Jul 2018. This records an increase from the previous number of 59.100 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: USDA: sa data is updated weekly, averaging 75.900 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 103.600 25Jul2014=100 in 04 Jul 2014 and a record low of 47.000 25Jul2014=100 in 17 Jan 2014. United States WAS: Mortgage Loan Applications Index: USDA: sa data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.KA016: Weekly Applications Survey: Mortgage Loan Applications.

In 2021, there were over nine million mortgage applications for home purchase in the United States. These include applications with different outcomes, such as loan origination, application denied, withdrawn by applicant, and other. White applicants accounted for the largest number of home purchase applications, amounting to over five million worth 1.6 trillion U.S. dollars, while for Black and African American applicants, these figure stood at roughly 685,000 applications worth 176 billion U.S. dollars . The number of home purchase mortgage applications by Asian applicants was slightly lower at 592,000.

The value of refinance applications for mortgages in the United States soared during the COVID-19 pandemic, followed by a drop in 2021. In the week ending September 13, 2024, Fannie Mae's dollar value Refinance Application-Level Index (RALI) amounted to 262.7 index points, down from 1,451 index points when the market peaked in March 2020. The index measures the development of the value of mortgage refinance applications, with the first week of 2004 chosen as a baseline year. An index value of 150 suggests an increase in the value of refinance applications of 50 percent since the baseline period.